The Dallas Fed has released the latest Beige Book, the report that boils down into tidy summaries just what the heck is happening across the district. Here’s what the Beige Book says about real estate: “Housing industry contacts continue to report improving conditions overall, although sales activity remains at low levels. Home sales rose at […]
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Yes, please. HGTV is giving away another Dream Home this year. And not that it really matters where it is (Who cares! It’s free!), but here is the nitty gritty: The home is a “custom-built fully-furnished modern western ranch home in Midway, Utah.” You can enter once a day now through Feb. 17. The winner […]
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This week’s report from RealtyTrac could mean the beginning of the end of the terrible, no good, very bad foreclosure market across the country. Foreclosure postings dropped 34 percent in 2011 over 2010, and were down 33 percent over 2010. Both foreclosure activity and the foreclosure rate were at the lowest rate since 2007, according […]
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The Urban Land Institute from 11:30 a.m. to 1:30 p.m. Tuesday will host a luncheon with David Wallace. He’s the former three-term mayor of Sugar Land and the CEO of Wallace Bajjali Development Partners, a real estate development firm. Wallace’s keynote address is called “Public Private Partnerships – The Best Way to Predict the Future […]
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Lynd Development Partners has sold its fancy Chicago condo tower to MetLife Inc. Lynd Devleopment is a subsidiary of Lynd, a real estate investment and management company based in San Antonio. Lynd started developing the tower, called EnV, in 2008 and opened the project last summer with the highest rents in Chicago. “Even though we […]
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It isn’t all doom and gloom over at the National Association of Home Builders these days. The NAHB this week released its latest NAHB/First American Improving Markets Index, which shows 76 improving markets across the country. These are the metropolitan areas that have shown improvements from their various “troughs” for at least six months in […]
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Here’s a good news/bad news report from CoreLogic, if you are into teeny tiny data movements. The bad: the latest report from CoreLogic shows foreclosure rates in the San Antonio and New Braunfels area rose in October. Foreclosures were 1.36 percent of outstanding mortgage loans, up .13 percent from October 2010. But the rate was much lower […]
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It’s that time of year again, when Jack Inselmann of Metrostudy comes out of his burrow and tells builders whether they’re in for springtime or a longer winter. Or something like that. Inselmann had good springtime news – mostly - at the annual housing forecast of the Greater San Antonio Builders Association on Friday. (In Groundhog […]
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I know the burning question that keeps you awake at night is this: What is happening with home prices in The Dominion? Well, real estate geeks, I have answers, courtesy of the San Antonio Board of Realtors and its housing forecast, which was held Thursday at the Omni San Antonio Hotel. Notice that Cordillera Ranch […]
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Here’s the quick and dirty summary of today’s housing forecast from the San Antonio Board of Realtors: Expect a 1 to 2 percent bump in real estate prices and volume in 2012. Nothing big, but better than going the other direction. Oh, to be a landlord. Expect rental prices to rise another 5 percent this year. Local […]
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